12120 215TH ST.
Hawaiian Gardns, CA 90716 · APN 7065-017-027
UNITS
5
BUILDING SF
6,871
SF / UNIT
1,374
YEAR BUILT
1980
BEDROOMS
12
BATHROOMS
7
USE · CODE 0500
5+ UNITS
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.
RENT CONTROL STATUS NOT DETERMINED
The roll's city name for this parcel does not match a jurisdiction we recognise, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON 215TH ST · ZIP 90716
SIMILAR SIZE AND ERA IN 90716
The short answers.
Is 12120 215th St rent controlled?
The roll's city name for this parcel does not match a jurisdiction we recognise, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD. Confirm the address with the LA Housing Department or in ZIMAS before you rely on any assumption for pricing or notices.
How many units does 12120 215th St have?
County records list 5 units at 12120 215th St, classified as 5+ units across 6,871 square feet of building area, averaging about 1,374 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 12120 215th St built?
The assessor roll gives a build year of 1980, which is after the 1 October 1978 RSO cutoff. The ordinance turns on the certificate of occupancy rather than the roll's build year, so a building finished either side of that date is worth confirming with LAHD. Age drives more than character here. It sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.
When did 12120 215th St last sell, and for how much?
The last recorded transfer was August 2021, at an estimated $1,140,000, about $228,000 per unit. That price is estimated from the Proposition 13 reassessment recorded at sale, not a verified closing price, so treat it as a close approximation rather than a confirmed figure.
What is 12120 215th St assessed at, and is that what it is worth?
The current assessed value is $1,209,777 ($530,604 land, $679,173 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for.
How do I find out what 12120 215th St would sell for today?
Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.
Leave an email and I'll come back with what it is worth and whether the owner is likely to trade. It does not have to be for sale, and it does not have to be my listing.
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